A Record $13.5 Billion in Corporate Funding Raised by Battery Storage, Smart Grid, and Energy Efficiency Companies in 9M 2021, Reports Mercom Capital Group
Battery Storage Companies Bring in a Record $11.4 Billion in Corporate Funding in 9M 2021 Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and nine months (9M) of 2021. To get a copy of the report, visit: https://mercomcapital.com/product/9m-q3-2021-funding-ma-report-storage-grid-...
New Ranking Finds US Faltering in Its Relative Contribution to Clean Energy Innovation, While Northern Europe Leads and China Lags
WASHINGTON—With a pivotal UN Climate Change Conference set to convene October 31 in Glasgow, Scotland, pressure is building for nations to accelerate the pace of clean energy innovation. Against this backdrop, the United States is contributing the most to the global energy innovation system in absolute terms, but it has faltered badly in recent years relative to its potential, according to a multifaceted analysis by the Information Technology and Innovation Foundation (ITIF), the leading think t...
Netherlands on track to phase out coal power by 2030, says GlobalData
The Netherlands is on track to phase out the use of coal for power generation by 2030, according to GlobalData, which notes that the country’s coal power capacity is expected to decline from 3.31 GW in 2020 to 3.18 GW in 2025, before being phased out altogether in 2030. The leading data and analytics company highlights that the implementation of the Dutch Government’s minimum carbon price floor, introduced in 2020 but delayed due to COVID-19, will only help efforts towards lowering greenhouse ga...
Korea Hydro & Nuclear Power Co., Ltd. (Khnp) Announces Cost Effective and Timely Nuclear Construction Progress Continues
WASHINGTON, DC - Korea Hydro & Nuclear Power Co., Ltd. (KHNP) has completed loading nuclear fuel assemblies into the Shin-Hanul Unit 1 reactor in South Korea. KHNP obtained permission to load fuel from South Korea's Nuclear Safety & Security Commission (NSSC) on July 9, 2021. After loading of 241 fuel assemblies into the reactor, KHNP is conducting reactor physics and systems testing under normal operating temperature and pressure conditions. KHNP expects commercial operation for Shin-Hanul Unit...
Brill Power, an Oxford University spin-out, revolutionises battery performance
Transformative intelligent BMS will improve performance, lifetime and safety of batteries - Brill launch a new category of ‘intelligent’ battery management systems that breaks through existing BMS compromises - Brill’s radical new BMS approach increases battery lifetime by up to 60% - Energy storage reliability improved and storage capacity enhanced by up to 129% - The technology promises a step change for energy storage in performance, operating costs and system longevity - Loc...
Driving the Energy Transition Forward
Amp’s Massachusetts Solar Arrays reach Commercial Operation with its Proprietary Digital Energy Platform, Amp X – Leveraging its Virtual Power Plant Trading Platform Massachusetts, US – October 5th– Amp, a global Energy Transition Platform and renewable energy developer, is pleased to announce that two solar farms, both paired with battery storage systems, have achieved successful commercial operation. The two Massachusetts solar projects located in Ware and East Brookfield, are the first US...
Vineyard Wind Announces Partnership with Crowley, City of Salem to Transform Harbor into Offshore Wind Port
Project Will Create Hundreds of Jobs Crowley to Redevelop Salem Port Site Vineyard Wind Partners to Serve as Anchor Tenants (SALEM, Mass.)– Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and Copenhagen Infrastructure Partners (CIP) today announced that the company has entered into an agreement with Crowley Maritime Corporation and the City of Salem (Mass.) to create a public-private partnership aimed at establishing Salem...
GOVERNOR HOCHUL ANNOUNCES MORE THAN 286,000 LED STREETLIGHTS INSTALLED UNDER SMART STREET LIGHTING NY PROGRAM
Program Surpasses Halfway Milestone of State Goal for 500,000 Streetlight Replacements with LED Lighting by 2025 Smart Street Lighting NY Video Governor Kathy Hochul today announced that New York has now replaced more than 286,000 of its streetlights with LED fixtures, surpassing the halfway milestone in the state's goal to replace at least 500,000 streetlights with LED technology by 2025 under Smart Street Lighting NY. The street lighting initiative — administered by the New York Po...
Stantec selected to lead feasibility study for Gregory County Pumped Storage Project
The project will provide increased energy resiliency and grid reliability and aligns with the global transition to more sustainable forms of energy generation SIOUX FALLS, SD- NYSE, TSX: STN Stantec, a global leader in sustainable design and engineering, has been selected by Missouri River Energy Services (MRES) to conduct a feasibility study for the Gregory County Pumped Storage Project located on Lake Francis Case on the Missouri River, near Lucas, South Dakota. The proposed 1,800 m...
RES, ZX Lidars and KK Wind Solutions develop product to upgrade performance of existing wind farms
ReLACS (Retrofit Lidar Assisted wind farm Control System) retrofits cutting-edge technology to existing wind farms and has been piloted on a TRIG project RES, the world’s leading renewable energy company, alongside ZX Lidars and KK Wind Solutions, has developed a Retrofit Lidar Assisted wind farm Control System (ReLACS) which will improve the performance of existing wind farms. The product will be trialled by TRIG, the British investment trust dedicated to investing in renewable asset...